NOT LISTED FOR SALE

Estimated Value: $689,000 - $865,000

6 Beds
2 Baths
2,280 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $635,000 $279 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,558/month

7 Days on Market

About This Home

As of April 2021

Superb 2 Family located near Salem Hospital, Old Salem Greens and Salem's Vibrant Downtown. Each Unit Boasts a Fantastic Layout with an Open Floor Plan Living Room, Large Eat in Kitchen, and 3 Large Bedrooms and Rear Porches. Updated Gas Boilers and Separate Utilities. Hardwood Flooring Throughout and High Ceilings. Clean Basement offers additional Storage and Coin Op Laundry. Don't Miss out on this one!Offers Due by Tuesday at Noon

Last Agent to Sell the Property

Steven Belesis

Citylight Homes LLC Listed on: 03/16/2021

Last Buyer's Agent

Chad Myers

Mr. Chaddles Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 2,614

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:23 L:0075

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 252.19
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AN6617
  • Main So: AN0974
  • Estimated Sq Ft: 2280.00

Exterior Features

  • Foundation: Fieldstone, Brick, Granite

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 449700.00
  • Acre: 0.06
  • Lot Size: 2801.00
  • Page: 122
  • Parcel Number: M:23 L:0075
  • Zoning: R2
  • Lot Description: Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 4200
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6206.00
  • Assessor Parcel Number: 2130866
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 23, 2021
Sold by
Prudente Hanna and Prudente James
Bought by
Mendonca Joseph F and Mendonca Felisbela S
Seller's Agent
Steven Belesis
Citylight Homes LLC
Buyer's Agent
Chad Myers
Mr. Chaddles Real Estate
List Price
$575,000
Sold Price
$635,000
Premium/Discount to List
$60,000
10.43%
Current Estimated Value
$755,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,337
Avg. Annual Appreciation
3.79%
Original Mortgage
$100,000
Outstanding Balance
$90,360
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$664,977

Purchase Details

Closed on
Aug 25, 2020
Sold by
Lorraine Ryan C
Bought by
Prudente Hanna and Prudente James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Sullivan Karen D
Bought by
Lorraine Ryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,662,412
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
8 Arthur Streen Nt
Bought by
Sullivan Karen D

Purchase Details

Closed on
Dec 29, 1994
Sold by
Gardner Albert T
Bought by
Gardner Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,140
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mendonca Joseph F $635,000 None Available
Prudente Hanna $545,000 None Available
Lorraine Ryan C $270,000 --
Sullivan Karen D -- --
Gardner Karen D $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendonca Joseph F $100,000
Previous Owner Prudente Hanna $408,750
Previous Owner Gardner Karen D $2,662,412
Previous Owner Gardner Karen D $76,500
Previous Owner Gardner Karen D $73,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $635,000 +10.4% $279 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $575,000 -- $252 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,212 $636,000 $193,900 $442,100
2024 $6,903 $594,100 $184,300 $409,800
2023 $6,724 $537,500 $170,100 $367,400
2022 $6,722 $507,300 $164,400 $342,900
2021 $6,206 $449,700 $153,100 $296,600
2020 $6,092 $421,600 $144,600 $277,000
2019 $6,029 $399,300 $137,200 $262,100
2018 $5,580 $362,800 $130,400 $232,400
2017 $5,194 $327,500 $110,000 $217,500
2016 $5,052 $322,400 $104,900 $217,500
2015 $4,900 $298,600 $96,400 $202,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72799111

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000075